Automundo China

BYD, Elon Musk's Chinese arch rival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.

Chinese automaker BYD’s luxury sub-brand, Yangwang, has officially entered the high-performance electric sedan segment with a groundbreaking model that rivals supercars in speed and specs—without the stratospheric price tag. Unveiled this week, the new Yangwang U7 boasts a jaw-dropping 1,287 horsepower, 1,239 lb-ft of torque, and a claimed 0-62 mph time of just 2.9 seconds. The electric sedan is priced at roughly $86,000 at current exchange rates, setting a new benchmark for value in the high-pe

Tesla's EV deliveries fell 13% to 336,700 vehicles over Q1 of last year, far fewer than arch-rival BYD, as CEO Elon Musk's crisis deepens.

Tesla sold 78,828 vehicles in China in March, a decline of 11.5% year over year, according to data released on Wednesday from the China Passenger Car Association (CPCA).

The world's richest man and self-declared Tesla 'Technoking' has attracted widespread international condemnation for his social media activity and actions such as an alleged Nazi salute.

Tesla China’s results in March were shared by the China Passenger Car Association (CPCA).

Tesla’s big delivery miss means the automaker has bigger brand issues than expected in the US, and the Cybertruck is...

Even longtime bull couldn't sugar coat the EV maker's sales figures. "They were a disaster on every metric," wrote Wedbush Securities' Dan Ives.

Shares of Tesla fell more than 2% on Wednesday as the company recorded a bigger-than-expected drop in sales in the January-March period.